Nasdaq to Team Up With Goldman Sachs to Push Dark Pool, Sigma X

[kreslik.news]

Nasdaq Inc., the second largest stock exchange in the world, and Goldman Sachs Group are teaming up to launch a new ‘dark pool’ accord that will see the deployment of Sigma X, according to a Nasdaq statement.

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The joint launch of Sigma X is noteworthy as it represents the first such instance of a bank outsourcing its technology to Nasdaq for the use of dark pool trading. As a result of the deal, Nasdaq will be operating the majority of Sigma X, whereby relying on ... (read more)